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12-05-2014, 09:09 PM
Another steady and good quarter (Q3)…..
http://infopub.sgx.com/FileOpen/Lantro_R...eID=296656
Lantrovision's well-established operation continues to churn out solid FCF. In fact, the company and group have accumulated so mush cash in the past few years that by also taking a portion of the fully self-fianaced trade receivables balance of $28.77m as near cash, as at 31Mar14 Lantrovision Group had a total cash and near-cash balance of some $100.0m, equivalent to some $0.37/share (based on the latest 269.742m outstanding issued shares). Indeed, there is a mini-bank within Lantrovision!
http://infopub.sgx.com/FileOpen/Lantro_R...eID=296656
Lantrovision's well-established operation continues to churn out solid FCF. In fact, the company and group have accumulated so mush cash in the past few years that by also taking a portion of the fully self-fianaced trade receivables balance of $28.77m as near cash, as at 31Mar14 Lantrovision Group had a total cash and near-cash balance of some $100.0m, equivalent to some $0.37/share (based on the latest 269.742m outstanding issued shares). Indeed, there is a mini-bank within Lantrovision!